Within the Ontario Cobalt Belt, the Cobalt Silver District is one the world’s great silver and cobalt districts having produced an estimated 525 million ounces of silver and around 14,000 tonnes of cobalt. The focus of past exploration and production was silver, with cobalt produced only as a by-product and metallurgical recovery was optimized for silver not cobalt. BMR (MEI is following suit) is the first company to secure a dominant landholding position in the Ontario Cobalt Belt, beyond the historic silver district. The Company has acquired and staked numerous project areas exhibiting high-grade cobalt values in outcrop which range from 1.5% to 21% Co. New drill is better than 4% These values are far superior to all other hopefuls.... MEI should get a good ruboff
MEI Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held
